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Re: pdicamillo1 post# 1800

Sunday, 07/28/2024 9:33:02 AM

Sunday, July 28, 2024 9:33:02 AM

Post# of 1901
Two things...

First, I think we will know better about the insider purchases, and any effect on the outstanding share structure, when they report their quarterly in a couple of weeks.

Secondly, that guy Baldwin is either clueless, or has a vested interest in trying to get the stock price down, You have to ask yourself, "why would this guy even care enough to target a company, that has only traded several thousand shares to the upside." Who is he trying to protect? None of us on this board have even been talking about Lifeloc's alcohol segment recently. He definitely has an interest in the company/stock, or why would he bother? Is he short the stock? Maybe, or maybe he wants in at a cheaper price. Who knows. He has a good point about using limit orders, but that should just be common sense to anyone that has ever purchased a security online.

I used to trade millions of dollars a year, day trading stocks. I purchased LCTC back around 2014, making several small purchases in the $4 to $7 price range. In only a few short months, the stock rose into the $20's, and I took an over double profit in the $15's. Back then, I was more into trading vs. investing, and this was an easy trade - in an "illiquid stock" as Baldwin puts it.

I've owned hundreds of stocks in my lifetime. For some reason, this company and it's stock has always stuck with me. I have followed and researched this stock, it's management, revenue and profits, it's charts, it's insider buying, etc. since 2014. Lifeloc has primarily been mostly profitable throughout it's inception, with the exception of a brief period during Covid, which affected most companies, and a brief period recently, with the devotion of funds going to R&D of their Spin DX device. Maybe Baldwin should read a few of their 8k and 10k reports, which I doubt he has.

Sounds like the guy is from Baltimore. Maybe we should take him out to lunch at Jimmy's Famous Seafood, for some steamed crabs and a beer...
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